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Saturday, November 28, 2009

Cox & Kings India Gets 6.1 Billion Rupees in Initial Share Sale

Nov. 28 (Bloomberg) -- Cox & Kings (India) Ltd., an Indian tour operator partly owned by a unit of Deutsche Bank AG, raised 6.1 billion rupees ($131 million) in an initial share sale.

The company set its share sale price at 330 rupees apiece in the issue that ended on Nov. 20, Cox & Kings said in an e- mailed statement today. Mumbai-based Cox & Kings had set a price band of 316 rupees and 330 rupees apiece for the 18.5 million share issue.

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